Mon, November 18

Upbit Announces Committee Setup to Refund Terra Investors

Korbit made an estimated 27 million won in commissions at the end of the term. As of May 30th, the refund fee amounted to almost $9.5 billion won by Upbit. The whole Terra ecosystem crashed in May, making it a very terrible month. Upbit, the leading virtual asset exchange in

August 11, 2022 2 mins read

Litecoin(LTC), the Next LUNA? Exchanges Worried!

LTC brings out new privacy protocol updates. Exchanges worried over the new update. LTC may face the same fate as that of LUNA. Usually, a token gets an update to upgrade itself, specializing it more for the users. More the users and circulation, more will be the value of that

May 23, 2022 2 mins read

Whale Alert: 2,810,066 EOS Transferred From Upbit to Unknown Wallet

Artificial intelligence (AI) is used to update the databases regularly. EOS is down 1.08% in the last 24 hours. In order to construct decentralized applications, developers may use EOS’s platform. Project goals are straightforward: to make blockchain adoption as easy as feasible for programmers and to make the network simpler

March 13, 2022 1 min read

Upbit Expels 5 Cryptos, Plunging Their Prices

South Korea’s most renowned cryptocurrency exchange Upbit has announced the delisting of 5 cryptocurrencies. On Friday, Upbit removed Maro, Paycoin, Observer, Solve.Care and Quiztok from their exchange list. Upbit’s decisions are purely based on the recent regulations imposed by the financial judiciary.  Upbit’s Decision Upbit has announced the removal of

June 13, 2021 2 mins read

South Korean Banking Regulations Threatens ‘Big 4’ Crypto Exchanges

AML and Banking regulations are a threat to the Big 4 crypto exchange. More than 100 smaller exchanges are expected to close. Due to AML protocol, Banks are unhappy. Anti-money laundering(Aml) and banking regulations newly imposed by South Korea, causing tensions that have even left the big four domestic crypto

May 4, 2021 2 mins read